Moscow [Russia], March 9 (ANI): American multinational fast food corporation McDonald's is suspending the work of all its restaurants in Russia, the company's CEO Chris Kempczinski informed through a letter sent to McDonald's employees and franchisees.
"McDonald's has decided to temporarily close all our restaurants in Russia and pause all operations in the market," the letter says.
Also Read | Joe Biden Announces Ban on Russian Oil, Gas and Coal Imports to US Amid Russia-Ukraine Crisis.
"We understand the impact this will have on our Russian colleagues and partners, which is why we are prepared to support all three legs of the stool in Ukraine and Russia. This includes salary continuation for all McDonald's employees in Russia," it adds.
McDonald's operates more than 850 McDonald's restaurants and employs 62,000 people in Russia.
In less than two weeks, multinational companies, media houses and several large scales businesses have announced their plans to leave Russia.
Russia continues to maintain that it started the "military operation" to save the residents of eastern Ukraine and "demilitarise" the political leadership in the country. (ANI)
(The above story is verified and authored by ANI staff, ANI is South Asia's leading multimedia news agency with over 100 bureaus in India, South Asia and across the globe. ANI brings the latest news on Politics and Current Affairs in India & around the World, Sports, Health, Fitness, Entertainment, & News. The views appearing in the above post do not reflect the opinions of LatestLY)













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